Markets are likely to start trading positively amid stable global cues. At 7:00 am, SGX Nifty April futures were quoted at 17,695, having opened more than 45 points higher.

Earnings Watch: Delta Corp will report March quarter results on Tuesday, April 11.

City Gas Distributors: Shares of gas distribution companies such as Gail India, Indraprastha Gas (IGL), Mahanagar Gas (MGL), ONGC and Oil India may be in focus, as the companies announced lowered domestic gas prices a day after the government formally notified them of lower domestic gas prices. The Kirit Parikh group proposed a price reduction. Last week, the Centre decided to set a minimum price of $4 per MMBtu (metric million British thermal units) over the next two years to cover the cost of gas production by state-run companies ONGC Ltd and OIL Ltd. The maximum price will be $6.5 per million British thermal units.

Reliance Industries (RIL): After moving into carbonated beverages and home and personal care, Reliance Consumer Products (RCPL) is now developing a plan to enter the dairy and frozen food market, focusing on value-added products such as curds, frozen desserts, ice cream and yoghurt dressings.

Larsen & Toubro (L&T): Engineering and infrastructure major emerged as the lowest bidder for redevelopment of New Delhi railway station. L&T submitted a bid of Rs 8,740 crore for the mega-project, which was Rs 3,000 crore higher than the Centre’s estimate.

Titan: The company’s March revenue rose 25% year-over-year. Its jewellery division also grew 23% year-over-year.

Adani Wilmar: The company’s sales volume grew by nearly 14% in the last financial year, and its revenue crossed the Rs 55,000 crore mark.

Apollo Micro Systems: The company has set May 4 as the share registration date for a 1:10 split of its shares.

CMS Info Systems: The company is targeting an annual turnover of Rs 5,000 crore by 2030, up from an estimated Rs 1,600 crore in FY23. It seeks to move into new lines of business, such as collection and recycling services.

Sugar: Shares of sugar companies may be volatile amid higher ex-factory sugar prices in India. Prices have increased by almost Rs 150 to Rs 200 per quintal in the past month. However, retail prices are expected to remain around Rs 42 per kg for some time.

Adani, GMR group companies: Two electricity distribution companies (discoms) in Uttar Pradesh have called off bids from Adani and GMR Group companies to supply smart meters under the state’s Rs 25,000 crore roadmap.

Vedanta: The government is considering giving conditional approval to the Vedanta-Foxconn joint venture semiconductor fab plant. It is likely to come with some stiff riders.